
Markets
Facebook NZ reports profit, revenue drops as it sends $159m to Ireland
The NZ arm of the social media giant declared profit before income tax of $3.89m.

Law & Regulation
IMF cautions Govt against pushing back too hard against RBNZ
The International Monetary Fund (IMF) is cautioning the Government against bending over backwards and deregulating banks in a bid to spur more competition in the sector.Finance Minister Nicola Willis is getting advice on whether she should make the Reserve Bank of New Zealand (RB...

